8×8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today reported financial results for the fourth quarter and fiscal year 2022 ended March 31, 2022.
Fourth Quarter Fiscal 2022 Financial Results:
- Total revenue increased 25% year-over-year to $181.4 million, including Fuze revenue of $24.1 million.
- Service revenue increased 29% year-over-year to $172.8 million, including Fuze revenue of $23.9 million.
- GAAP operating loss was $40.5 million, compared to a GAAP operating loss of $40.0 million in the fourth quarter fiscal 2021.
- Non-GAAP operating profit was $10.6 million, or 2% of revenue, compared to a non-GAAP operating loss of $11.1 million in fiscal 2021.